When will exchange of contracts take place for purchase conveyancing in Highgate and do I need to attend the conveyancers office?
If you are local to one of the conveyancing solicitors in Highgate you are welcome to come in to sign the paperwork. That being said, the lender approved solicitors we recommend provide countrywide coverage for conveyancing and give as equally comprehensive and professional a job for you when communicating with you electronically. The signing of the contract is not the important part. Signing on the dotted line is necessary for the conveyancer to exchange contracts at the suitable time, which will usually be very shortly after signing. The procedure is is usually a five minute process, although where an extended "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Highgate)to be in the office available at the end of the phone to exchange contracts.
Our bank has recommended solicitors on their panel based in Highgate but I would rather instruct a conveyancing lawyer in Highgate round the corner to me. Are you able to assist?
Not all Highgate conveyancing practices are approved and listed on all banks conveyancing panel. Please make use of the above find an approved solicitor tool to find a Highgate conveyancing firm on the on the bank panel.
I am aiming to move house in February. Does my conveyancing solicitor update the removal company on the day of completion. As an aside, can you put forward a removal company in Highgate. Conveyancing firm was found before I stumbled across your site.
On the afternoon of completion you will need to collect the house keys from your property agent however this should only happen when the sellers conveyancers inform the agent that the monies to complete are in and the keys can be given over. Subsequently you will need to advise the removal company that they can start moving you in. We do not recommend a particular removal company but can help you locate a conveyancing in Highgate or a lawyer with expertise in conveyancing in Highgate.
I am the single recipient of my late grandmother’s estate and I have everything in my name alone, including the my former home in Highgate. The Highgate property was put into my name in November. I now wish to sell up. I do know about the CML six month 'rule', meaning my proprietorship could be considered the same way as though I had purchased the property in November. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be caught by that. How sensible a view lenders take of it, depend on the lender as this obligation primarily exists to identify the purchase and immediately sell or the quick reselling of properties.
When it comes to lenders such as UBS, do Highgate lawyers have to pay a yearly amount to be on the conveyancing panel?
We are unaware of any lender fees to register on their list of approved firms, although some do charge an administration charge to deal with the processing of the conveyancing panel application.
I have been told that property searches are a common reason for obstruction in Highgate house deals. Is this right?
The Council of Property Search Organisations (CoPSO) published conclusions of research by MoveWithUs that conveyancing searches do not figure within the most frequent causes of hindrances in the conveyancing process. Local searches are not likely to feature in any holding up conveyancing in Highgate.
I'm selling a apartment in Highgate. I can find my conveyancer's company on the Law Society's list, but I can't locate my lawyer's name as listed on the regulator's website. Is this a big problem?
Not every individual in the company must be listed by the regulator. As long there is someone qualified to 'oversee' the work, the actual day-to-day activity can be undertaken by unlicensed staff.